Economists see 2011 recovery - Hawaii Business

Correction:

Unemployment Rate for 2010 - 10%

Great, another year until an employer will actually hire me.

fed tax state tax city tax debase of the dollar
zero jobs- pos hotels - wayyyy to high prices -
bad food. and poor poor people .
you are all doomed.

mahalo star bulletin for censuring my right to free speech...must have hit a nerve...

translation: since there is spin everywhere, don't expect anything until 2012...that's 2 years if we're lucky...

this "expert," smith has already demonstrated poor success at "predicting," what will happen and covers his bets by making contradictory assumptions as well. plus, his statement regardling lingle, china and "brilliant," is sad and laughable...

thanks for the expertise brah...keep up the good work...

The economy will improve a little around the end of 2012 and then once all the stimuli money is used up by the local governments and they have to stand on their own it will go right back down again. Then around the end of 2015 we will borrow money from the Chinese.

Stating the obvious by the economist is nothing new.
Speaking of nothing new; unless the elected politicians can create a more business friendly climate by repealing anti-biz laws that favor unions, give new biz incentives for a 2-3 year start up period; more taxing will remain the only revenue source that they will go to.
So rather than watching the circus with the furloughs, they need to really get serious about creating what is needed to bring new industry and subsequent revenues.
Without that, 2011 is unrealistic. The bleeding will continue.

Obama is a Total incompetent failure. 6-Nov-09 10:31 am
From the first day he took office he focused on socialized medicine as a way to create a New Social Bribe for votes agency to help facilitate democrat power in this country.

His 800 billion stimulus plan was devised in 2 weeks and was gear for one thing only, winning the 2010 midterm elections. That's right. The democrats knew that unemployment would rise in 2009 so they designed a sinister plan at the expense of all americans to only release a small % of the stimulus this year. 178 billion out of the 800 billion approved.

Why? Simply. The democrat want to and are saving 600 billion in stimulus funds so to pump the economy hard the 4 to 5 month before the 2010 mid term elections.
They are beyond evil. It is always about power and buying votes and raising taxes with them.

What these educated Harvard Elitist simply do nit grasp is by the time they use the stimulus money next year to try and buy the 2010 midterm elections they will have so destroyed this nation they plan will not work.

The average of every projected government plan in cost of the past 50 years by the CBO has been X. But the actual cost after the facts have averaged 9.2 X, That means this 1.2 trillion in Socialized Medicine Social Bribe the democrats are trying to pass will really cost many trillions more.

Cap and Trade will finish us off. Employers will lay off hundreds of thousands of workers if cap and trade becomes law. The results will be near anarchy.

Obama is the single most incompetent man ever to be in the white house. He is lost beyond words. America you must rise up and right email or phone your democrat congressmen and tell them this must stop or you will stop them..

in 1980 the top 1% earned 8% of all income...now they have 22% of all income..currently the top 1% have as much wealth as the bottom 95%... that's not an accident it's called trickle down economics or neoliberalism...meanwhile the bottom 90% have seen wages stagnate and decline...if they even have a job...

the last time the top 1% earned 20+% of all income was right before the great depression....

Bluelipsisgreat wrote:

Obama is a Total incompetent failure. 6-Nov-09 10:31 am
From the first day he took office he focused on socialized medicine as a way to create a New Social Bribe for votes agency to help facilitate democrat power in this country.
His 800 billion stimulus plan was devised in 2 weeks and was gear for one thing only, winning the 2010 midterm elections. That's right. The democrats knew that unemployment would rise in 2009 so they designed a sinister plan at the expense of all americans to only release a small % of the stimulus this year. 178 billion out of the 800 billion approved.
Why? Simply. The democrat want to and are saving 600 billion in stimulus funds so to pump the economy hard the 4 to 5 month before the 2010 mid term elections.
They are beyond evil. It is always about power and buying votes and raising taxes with them.
What these educated Harvard Elitist simply do nit grasp is by the time they use the stimulus money next year to try and buy the 2010 midterm elections they will have so destroyed this nation they plan will not work.
The average of every projected government plan in cost of the past 50 years by the CBO has been X. But the actual cost after the facts have averaged 9.2 X, That means this 1.2 trillion in Socialized Medicine Social Bribe the democrats are trying to pass will really cost many trillions more.
Cap and Trade will finish us off. Employers will lay off hundreds of thousands of workers if cap and trade becomes law. The results will be near anarchy.
Obama is the single most incompetent man ever to be in the white house. He is lost beyond words. America you must rise up and right email or phone your democrat congressmen and tell them this must stop or you will stop them..

You have a real problem, get some psychiatric help before someone gets hurt...please.

the 'stimulus ' is a drop in the bucket compared to the $20+ trillion the fed reserve has loaned out the backdoor to wall street banks with ZERO public oversight....but the public supplies the money...so it's all good...